Hotelling's Model Has Been Used to Describe Differentiation in the Political

question 23

Multiple Choice

Hotelling's model has been used to describe differentiation in the political "market".Suppose that 100 voters are evenly arrayed between the extreme left and the extreme right on the political spectrum,and that all voters vote,and they always vote for the candidate closest to them on this spectrum.The numbers on this spectrum represent the number of voters lying to the left of the number.So,at the midpoint,fifty voters lie to the left and fifty to the right.At the extreme right end,all 100 voters lie to the left.
Refer to the information given above.If Candidate Y is running against Candidate Z:

• A)Candidate Y will have an incentive to move to the left,and Candidate Z will have an incentive to move to the right.
• B)Both candidates will have an incentive to move to the left.
• C)Both candidates will have an incentive to move toward each other's position.
• D)Neither candidate has any incentive to move.

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Definitions:

Data

Quantitative or qualitative values that represent information or variables, often used for analysis or to make decisions.

Checkoff Provision

Contract provision under which the employer, on behalf of the union, automatically deducts union dues from employees' paychecks.

Union Member

An individual who belongs to an organized group representing workers in negotiations with employers over wages, benefits, and working conditions.

Hired

The process of being employed by an organization or individual after the successful completion of an application or interview process.